;
  • Report:  #662021

Complaint Review: Hunter Financial Group LLC - Tempe Arizona

Reported By:
WeekendGolfer - Phoenix, Arizona, United States of America
Submitted:
Updated:

Hunter Financial Group LLC
1711 W Greentree Dr #111 Tempe, 85284 Arizona, United States of America
Phone:
Web:
hfglending.com
Categories:
Tell us has your experience with this business or person been good? What's this?
Oh, these guys are slick! A gentleman from Hunter Financial Group out of Tempe, AZ called me several months ago about an application I filled out online to refinance my house note, and, boy, I should have avoided doing business with them. He sounded like a smooth-talking used car salesman, and he was extremely pushy. I reluctantly agreed to work with him (mistake #1) because he offered me what sounded like a good deal over the phone, and began the process with him.

The first thing that put me off was the fact that he did not want me to come down to his office, despite my insistence. It's supposedly a local company, yet he says they don't meet with clients in person; all business is conducted over the phone. Well, this is downright shady. Personally, I like to meet with those whom I'm doing business with eye to eye, especially when it comes to a transaction of this magnitude. What do these guys have to hide?

I reluctantly let that go (mistake #2) and sent over all my family's personal and financial paperwork that he requested. A big red flag my wife and I noticed was that the loan documents he sent to me showed higher closing costs, a higher interest rate, and a higher APR than he quoted over the phone. To my surprise, almost everything we discuss had changed. If I was a little less careful, I would have let this company pull the wool over my eyes.  Fortunately, I didn't sign the paperwork, even with him telling me that he would "withdraw my file" if my wife and I didn't sign the loan paperwork by his arbitrary deadline. We were in no hurry anyway, and we ultimately made the right decision to forgo refinancing with Hunter Financial Group.

I'd also like to add that the representative never returned any of my calls or respond to my emails. At that point, I really felt like I was being taken for a ride. I had to call him over and over again just to get some questions answered. Absolutely unprofessional.

At the end of the day, I decided to work with another company instead that was more honest and upfront with me and gave me a much better deal.

Due to their shady business practices, I had a very negative experience with them that I certainly will never forget.




6 Updates & Rebuttals

Truth Commission

To the representatives of Hunter Financial Group who keep coming here,

#2Consumer Suggestion

Tue, May 07, 2013

Stop making excuses. Stop defending what you cannot. Stop attacking consumers who come here to speak the truth about Hunter Financial Group. 

Hunter Financial Group is just some yahoo lender, who doesn't service any of their loans. Is NOT FDIC insured. Lost their Better Business Burear Accreditation. Lost their A Rating with the better business bureau. Has an extremely high turnover rate of employees. 

Always do research on your lenders before you chose. Based on the previous facts, and all the complaints here, it is obvious that you are not in good hands with Hunter Financial Group. 


Truth Commission

United States of America
Dear Hunter Financial Group, get use to the fact that YOU SUCK

#3General Comment

Sat, May 26, 2012

It's funny how someone from this company constantly coming on here defending themselves.

Hunter Financial is merely another yahoo lender, they don't service any of their loans, they have an exceptionally high employee turnover rate, they lost their A rating with the BBB, and it continues to drop. Those are the facts. KTHXBYE


Sonny

Chandler,
Arizona,
United States of America
Its called business

#4UPDATE EX-employee responds

Thu, October 13, 2011

After reading this, I thought I might throw in my two cents here.

First, if a client for any reason feels he or she may have been duped, then so be it.  Reading his post, he seems to think that there are no deadlines in this industry...far from mthe truth!  Rates posted can and will change many times throughout the day!  Some clients just do not understand that rates offered are rates posted at that time.  If one drags his feet in making a decision to refinance, or, does not immediately submit the necessary documentation required, that rate CAN change!  It is NOT the companies fault, nor the loan officers...it is what it is.

Secondly, to the person who claims to be an ex-employee, how dare you!  So I suppose you feel you should work for free?  Every person in the USA desires to make a good living and make money!  For you to call Pete (the owner) any names is beyond me.  He never lies to his employees or clients, and has always been straight forward..(which some, like you may not like)  The mortgage industry can be lucrative, but as long as one secures a loan that suits their clients needs I see no issue.  With your philosophy, maybe we should also ask why Realtors make so much money for writing a simple contract and showing a few homes!  Also, while you are at it, please ask the medical communtiy why we pay so much money for helathcare...etc etc...I could continue, but see your post as pathetic.

All consumers must understand that once you receive a Good Faith Estimate, it CAN NOT change!  This IS the law.  For any client, like the one who responded below saying her payment was a little higher...I am willing to bet her taxes and or insurance increased but somehow blames the loan officer....they do not control this, and they also could not have increased your rate of interest just before you signed the paperwork!  Doesnt work that way!


LeadsCon Vegas

Arizona,
United States of America
Stop whining...

#5General Comment

Sat, February 05, 2011

After reading your miserable little paragraph, I sat back, poured myself a glass of wine and thought, "hmm..what a salty little @#%$$#". I love people like you...no courage, no strength...just gonna flex yourself online instead of stepping up and speaking to Pete. Pete is a great guy...a guy who keeps his word. You couldn't perform, that's the bottom line, but don't complain, don't be a #$##%$%$, face the music Julie, you simply can't convert. Pete is a great guy and a leader. Period. Go get your shine box baby.

A guy from Mass who can't take your BS anymore.


Hunter Financial Group, LLC

Tempe,
Arizona,
USA
Business Practices

#6REBUTTAL Owner of company

Mon, January 10, 2011

I will always make time to discuss the comments reported on this website or any other site with regards to Hunter Financial Group, LLC. To dispute these accusations and claims via posts are just as weak as the people posting them against Hunter or me. You want the truth, the CEO is available.

Please, feel free to call in and set up a quick time to discuss: 877 985 5464.


anonymous

phoenix,
Arizona,
United States of America
Take it from an EX EMPLOYEE-DO NOT DO BUSINESS WITH THESE PEOPLE

#7UPDATE EX-employee responds

Thu, December 02, 2010

Yes you are right these guys are very slick. The Loan Originators there go through extensive training with managers on how to meet sales quotas weekly and if you dont meet them you are written up and fired. Their sales quotas just kept getting higher and higher every month or so. You go through application reviews with managers who try to swindle borrowers if you werent able to get them. LO's there must get 10 applications a week with a goal to hit $20,000 in revenue. Yes thats right the goal is for each LO to hit $20,000 in revenue in one month. Almost all the LO's there are hitting that and more. There are about 30 loan officers working there you do the math. Pete Sokolovic is a crook sitting in a corner office with a cooler stocked full of Beer and Wine. The commission structure goes from 9-60% the revenue range to get that is $7000-$40,000 IN ONE MONTH. The loan officers at this company are making between $5000-$30,000 a month. Dont let them fool you their goal is to charge each borrower between $5000-$7000 or more on each loan. They get huge Yield Spread Premiums that leave them room to cover most of your fees to make it seem like a good deal when the reality is they are still making a ton of $ on your loan and can lower your interest rate. SINCE THEY ARE A LENDER THEY DO NOT HAVE TO DISCLOSE WHAT THE YSP IS ON YOUR LOAN!!!! They'll be your best friend through the entire loan process but try to cancel and they'll threaten you with a rate lock fee which an attorney there will try & can collect from you if you sign the rate lock agreement. I left there because I could no longer stand being hounded every day about applications. I am an honest loan officer these people who work there are dishonest loan officers who take advantage of people. The owner being the biggest swindler of them all.    DO NOT DO BUSINESS WITH THIS COMPANY

Reports & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
//